SBI Term Deposit Rates Senior Citizens

SBI Term Deposit Rates Senior Citizens (India)

India Fixed Deposit Rates blogspot on this day in August 2009 presents the latest update on India SBI Term Deposit Rates Senior Citizens

India SBI Term Deposit Rates for Senior Citizens may change without notice. You should not invest money using these fixed term deposit interest rate data until you re-confirm these fixed term deposit rates with bank staff.

SBI Term Deposit Rates Resident India Senior Citizens
(Age 60 years and above)
For deposits in SBI below Rs One Crore

Term Deposit Tenors | Existing w.e.f. 15.06.2009 | Revised w.e.f. 27.07.2009
15 days to 45 days term deposit rate= 3, 3
46 days to 90 days term deposit rate = 4, 4
91 days to 180 days term deposit rate= 5.25, 5.25
181 days to less than 1 year term deposit rate= 6.25, 6
1 year to less than 2 years term deposit rate= 7.5, 7
2 years to less than 1000 days term deposit rate= 7.75, 7.5
1000 days term deposit rate= 8, 7.75
1001 days to less than 3 years term deposit rate= 7.75, 7.5
3 year to less than 5 years term deposit rate= 7.75, 7.75
5 years to less than 8 years term deposit rate= 8.25, 8
8 years and up to 10 years term deposit rate= 8.5, 8.25

You can see that most of the SBI term deposit interest rates for senior citizens have dropped since the last revision.

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India Fixed Deposit Rates